Simple Debt-Free Finance

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In Defense Of Credit Cards.

Posted on | November 14, 2009 |

Let me apologize up front for the brevity of this post… the flu has got me down, and I just don’t have it in me to be prolific.

But alas, I just came across a post by Len Penzo titled, No, I’m Not Cutting Up My Credit Cards! (Maybe You Shouldn’t Either.), that I had to share. This post is a very well thought out and reasoned rebuttal to a post by a fellow blogger, Matt Jabs.

Matt wrote a post titled, Credit Card Rewards - Rethink Your Returns, that was an equally well reasoned post on why people should not use credit cards. Ever.

Penzo’s post is a terrific defense of credit card use - responsible credit card use.

Regardless of which camp you find yourself in (I’m in the Penzo camp), these are thoughtful arguments in the ongoing discussion of the proper role of credit in our lives. The also just so happen to be far better written than anything I can muster these days. ;-)

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Comments

One Response to “In Defense Of Credit Cards.”

  1. SecurityON
    November 15th, 2009 @ 2:04 pm

    Thanks, good write

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